Some Rich Kids of Instagram, who apparently have run out of ideas on how to flaunt their wealth, have decided to just destroy their expensive stuff, simply to show the world that they can afford to do so.

The videos of “spoiled” wealthy youngsters setting fire to a £88,000 ($108,000) Mercedes, expensive shoes and flushing an expensive Rolex watch down the toilet have surfaced online, reported the Mirror.

The clip about the vehicle-burning earned mostly negative reactions from...